HSBC has appointed Karim Tannir as Head of Banking, Middle East, North Africa and Türkiye (MENAT).
Tannir brings in extensive experience of more than three decades. He has worked with JP Morgan in the Middle East for 25 years and included a stint at Deutsche Bank in between. He joined HSBC in Q1 2023 as Vice Chairman, Global Banking MENAT.
Tannir will report to Selim Kervanci, who leads HSBC’s business across the MENAT region, on an entity basis. He will also report to Jo Miyake, the head of the banking division across Asia and the Middle East on a functional basis.
The banking giant has already been a leader in the MENA region for ECM and DCM in the past four consecutive years.
The bank has been restructuring for quite some time, exiting several global markets while prioritising investment banking and wealth management services in the Middle East and Asia.
